Discrete Machine Safety Components Are Getting Smarter
Date: 09 August 2011

Wellingborough, UK – 9th August 2011. End users and machine builders are increasingly looking for better diagnostic and networking capabilities in discrete machine safety components, according to a new user survey carried out by IMS Research.

“A good example of this is the projected increase in the use of touchless (magnetic and electronic) interlock switches, which often provide diagnostic and networking capabilities” comments IMS Research market analyst Graham Brown. Brown continues, “Survey responses show that more than twice as many respondents currently use traditional types of interlock switches. However, by 2014 more respondents intend to use touchless interlock switches.”

These results are supported by a separate market study published by IMS Research at the beginning of 2011. This study, “Discrete Machine Safety Components – World – 2011” forecasts that revenues for touchless switches are set to grow by an average of nearly 20% per year, leading to total revenues of $128 million by 2014. Revenues of traditional (mechanical and solenoid) switches are forecast to grow by only 1% annually.

Although implementing ‘intelligent’ safety systems does present higher initial costs, it offers some significant benefits to users. Improving diagnostics allows faults to be identified early and parts to be replaced before a major failure occurs. Implementing networking allows these early warning signals to be delivered to a central monitoring station allowing further potential time savings. These improvements should reduce both down-time and operator injuries.

Ever increasing numbers of end users and machine builders are switching to the more intelligent discrete machine safety component options. This will not only help to increase revenues for safety component suppliers, but will also improve productivity while ensuring the safety of operatives on the factory floor.

Editors Note :

For more information – Main Contact:
Graham Brown, Market Analyst
Graham.Brown@imsresearch.com, +44 1933 40 22 55

Alternative Contact:
Chris George, Press Manager
chris.george@imsresearch.com Tel: +44 1933 402 255

About IHS Inc. (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,600 people in more than 30 countries around the world.

About IMS Research:

IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, bespoke research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea and Japan. To find out more, contact IMS Research: enquiries@imsresearch.com; T: +44 (0) 1933 402255; http://imsresearch.com

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